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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,489,000
Available - For Sale
Listing ID: X12662354
Looking to grow your portfolio with a reliable income property? This well-maintained 7-unit building is ideally situated in the heart of downtown St. Catharines, steps to shopping, dining, public transit, and the city's ongoing revitalization. The property features 3 one-bedroom units and 4 two-bedroom units, all fully rented, generating a gross annual income of approx $115,000 with positive cash flow and a strong cap rate. Benefit from the on-site parking, a low-maintenance exterior, and the added convenience of on-site laundry for extra income. This is a smart, turnkey opportunity in a high-demand rental area, perfect for any investor looking for stability and growth. Financials available.
Price $1,489,000
Taxes: $7,300
Occupancy by: Tenant
Address: 50 Welland Avenue , St. Catharines, L2R 2M5, Niagara
Directions/Cross Streets: Lake/Welland
Rooms: 25
Bedrooms: 11
Bedrooms +: 0
Washrooms: 7
Family Room: F
Basement: Full
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Upper
Washroom 3:  3 Basement
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Upper
Washroom 8:  3 Basement
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Main
Washroom 12:  3 Upper
Washroom 13:  3 Basement
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Main
Washroom 17:  3 Upper
Washroom 18:  3 Basement
Washroom 19:  0
Washroom 20:  0
Washroom 21:  3 Main
Washroom 22:  3 Upper
Washroom 23:  3 Basement
Washroom 24:  0
Washroom 25:  0
Washroom 26:  3 Main
Washroom 27:  3 Upper
Washroom 28:  3 Basement
Washroom 29:  0
Washroom 30:  0
Washroom 31:  3 Main
Washroom 32:  3 Upper
Washroom 33:  3 Basement
Washroom 34:  0
Washroom 35:  0
Washroom 36:  3 Main
Washroom 37:  3 Upper
Washroom 38:  3 Basement
Washroom 39:  0
Washroom 40:  0
Washroom 41:  3 Main
Washroom 42:  3 Upper
Washroom 43:  3 Basement
Washroom 44:  0
Washroom 45:  0
Washroom 46:  3 Main
Washroom 47:  3 Upper
Washroom 48:  3 Basement
Washroom 49:  0
Washroom 50:  0
Washroom 51:  3 Main
Washroom 52:  3 Upper
Washroom 53:  3 Basement
Washroom 54:  0
Washroom 55:  0
Washroom 56:  3 Main
Washroom 57:  3 Upper
Washroom 58:  3 Basement
Washroom 59:  0
Washroom 60:  0
Washroom 61:  3 Main
Washroom 62:  3 Upper
Washroom 63:  3 Basement
Washroom 64:  0
Washroom 65:  0
Washroom 66:  3 Main
Washroom 67:  3 Upper
Washroom 68:  3 Basement
Washroom 69:  0
Washroom 70:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

50 Welland Avenue , St. Catharines, L2R 2M5, Niagara

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Freehold - Multiplex
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style: 3-Storey
Lot Size: x 115.00(Feet)
Approximate Age:
Tax: $7,300
Maintenance Fee: $0
Beds: 11
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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